Blackrock Muni Enhanced Fund, Inc.
MEN
MEN was delisted on the 16th of April, 2021.
37 hedge funds and large institutions have $33.2M invested in Blackrock Muni Enhanced Fund, Inc. in 2016 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 7 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
1% more capital invested
Capital invested by funds: $32.8M → $33.2M (+$379K)
10% less funds holding
Funds holding: 41 → 37 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.28M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$333K |
| 4 |
Morgan Stanley
New York
|
+$250K |
| 5 |
CWM
Concert Wealth Management
San Jose,
California
|
+$193K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$1.71M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.65M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.5M |
| 4 |
CCB
Cutter & Co Brokerage
Ballwin,
Missouri
|
-$369K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$313K |
MEN Hedge Fund Activity: Q2 2016 in Review
37 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni Enhanced Fund, Inc. (MEN) for Q2 2016, worth a combined $33.2M — up 1.2% from $32.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of MEN and 3 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 15 added.
The largest buyer was Robinson Capital Management, adding an estimated $2.9M. The largest seller was Cohen & Steers, exiting entirely with an estimated $1.71M sold.
- 37 institutional investors held Blackrock Muni Enhanced Fund, Inc. (MEN) as of Q2 2016, down from 41 in Q1 2016.
- Funds reported $33.2M of Blackrock Muni Enhanced Fund, Inc. stock for Q2 2016, up 1.2% quarter-over-quarter.
- 3 funds opened new Blackrock Muni Enhanced Fund, Inc. positions in Q2 2016 and 7 closed out, a net change of -4 holders.
- The largest Blackrock Muni Enhanced Fund, Inc. buyer in Q2 2016 was Robinson Capital Management, an estimated $2.9M added.
- The largest Blackrock Muni Enhanced Fund, Inc. seller in Q2 2016 was Cohen & Steers, an estimated $1.71M sold.
Based on aggregated 13F filings for Q2 2016.